Regional Income Disparity and Fiscal-Monetary Policy: An Interregional Macroeconomic Model of Japan
In this paper, first the authors present an interregional macroeconomic model of Japanese economy. Then, using the model, they examine how macro-stabilization policies affect regional income disparities. They show that according to their model, the regional income disparity becomes smaller both in the case of recession combined with balance of payments surplus under a fixed exchange rate regime, and in the case of recession combined with a strong Japanese Yen under a flexible exchange rate regime. Conversely, it becomes larger both in the case of expansion combined with balance of payments deficit under a fixed exchange rate regime, and in the case of expansion combined with a weak Japanese Yen under a flexible exchange rate regime. They also show that the results of their analyses are consistent with Japanese experiences during the last three decades.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 26 (1992)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://link.springer.com/journal/168|
When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:26:y:1992:i:3:p:231-56. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.